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Provisional attachment of property to protect revenue as per the provisions of Section 281B of the Income Tax Act, 1961

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 237
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Provisional attachment of property to protect revenue as per the provisions of Section 281B of the Income Tax Act, 1961The Taxation Laws (Amendment) Act, 1975, with effect from 01.10.1975 has inserted...

Condoning Delay in Filing Appeal

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 204
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Condoning Delay in Filing AppealIn the case of condonation of delay where the appeal was filed beyond the limitation of period, the courts are empowered to condone the delay, provided that the Appellant can prove his cla...

Retraction of surrendered made during the Search & Survey proceedings - Decisions where Retraction of Statement was held VALID

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 457
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Retraction of surrendered made during the Search & Survey proceedings - Decisions where Retraction of Statement was held VALIDThe income tax authority may examine on oath any person, which may be useful for the purpo...

Income from a business carried on by the Trusts /Institutions [Section 11(4)]

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 242
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Income from a business carried on by the Trusts /Institutions [Section 11(4)]Section 11(4) provides that a business undertaking held by a trust will be treated as a property held under a trust in the other words for the ...

Filing of appeals and Seeking of adjournments

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 250
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Filing of appeals and Seeking of adjournmentsSeek adjournment is a functionality provided to an assessee to submit a request to extend the response due date of hearing if the assessee is unable to submit response wi...

Consequences of Income Tax search being held as illegal

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 310
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Consequences of Income Tax search being held as illegalSection 132 of the Income Tax Act, 1961 prescribes that the competent authorities are empowered to permit the authorized officers to enter, search, break open, seize...

Case laws in favour of Revenue on Estimate by Valuation Officer of Income Tax Department on Reference in certain cases

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 184
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Case laws in favour of Revenue on Estimate by Valuation Officer of Income Tax Department on Reference in certain casesAssessing Officer made valuation of cinema hall building of assessee on basis of land and building met...

CBDT Circulars/Instructions on Stay of Income Tax demand

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 173
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CBDT Circulars/Instructions on Stay of Income Tax demandFrom time to time various instructions and circulars have been given by CBDT in respect of stay of demand. All such circulars and instructions are dealt belowS. NoD...

Introduction of Equalisation levy

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 176
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Introduction of Equalisation levyThe Digital Space has grown very rapidly in the past few years and is expected to grow substantially in the next few years. The biggest beneficiaries of this rapid growth in the Digital S...

Process for Trust Registration in India

Author
Ram Dutt Sharma
08/05/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 200
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Process for Trust Registration in IndiaIn India, charitable entities can be mostly registered under the following legislations:·         Societies Registration Act, 1860.Â...